Pakistan recorded a Current Account deficit of 2 percent of the country's Gross Domestic Product in the fiscal year 2011-12. Current Account to GDP in Pakistan is reported by the State Bank of Pakistan. Pakistan Current Account to GDP averaged -2.32 Percent from 1980 until 2012, reaching an all time high of 4.90 Percent in June of 2003 and a record low of -8.50 Percent in June of 2008. The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes. This page contains - Pakistan Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2013-09-15 | TO | | | | EXPORT DATA ADVANCED TOOLS |
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TRADE | LAST | | PREVIOUS | HIGHEST | LOWEST | FORECAST | | UNIT | TREND | CURRENT ACCOUNT | -1166.00 | 2013-05-15 | -1385.00 | 1418.00 | -4213.00 | -837.97 | 2013-09-30 | USD MILLION | | CURRENT ACCOUNT TO GDP | -2.00 | 2012-06-30 | 0.10 |